Monday, November 9, 2009

Bookkeeping: Covering Costco (COST) Short

Costco (COST) has been a trooper and certainly many other stocks fared much worse during the downdraft in the week before last.  I am going to cover my short with a 4.6% loss... luckily this is a slow mover and it was a 1.4% allocation for much of the past 3-4 weeks.  That massive gap will have to fill on the other side of elation of constant money printing.

No position

Disclaimer: The opinions listed on this blog are for educational purpose only. You should do your own research before making any decisions.
This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses you might sustain from the content provided.

Copyright @2012